"Józsefváros is the 8th district of Budapest, Hungary.
It is the part of the city centre in the wider sense as one of the 18-19th century older suburbs, close to Belváros."
"Józsefváros mostly consists of old, often neglected residential buildings with nice interiors. It can be divided into three parts, the borders being Grand Boulevard (Nagykörút) and the roads Fiumei út and Orczy út."
The "Corvin-Szigony Project is the biggest urban renewal project in Central-Europe. The effects and methods of the project were criticized, mainly for the destruction of the architectural heritage of the area."
quoted from Wikipedia [more]